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May 25 20123:56 pm EDT -
Phasing Out Instagram
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Ark Floats, Olive Branch Unseen
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Teach the Internet to Forget
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Microsoft Patent Begs the Question:
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May 15 20122:50 pm EDT
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How Much Is Facebook Worth? About $11 Billion
Facebook CEO Mark Zuckerberg tells the Wall Street Journal that he's in no hurry to take his 400-million member social media site public anytime soon. Clearly, Zuckerberg would get a huge payout in an IPO.
How much is Facebook worth? Well, far more than Twitter or any other startup, the Silicon Valley / San Jose Business Journal reports:
Facebook Inc. is worth almost 10 times as much as Twitter Inc., in the latest effort to place values on startups that haven't gone public or been acquired.
SharesPost, a marketplace for trading in private companies, said that values of shares trading in Facebook peg its worth at $11.5 billion. That's roughly the same value reported when Russian investors took a reported $300 million stake in the social networking company in December.
The index placed a value of $1.4 billion on the micro blogging success of Twitter, which is less than the $2.6 billion value it placed on Zynga Game Network Inc., creator of the popular Farmville game on Facebook.
Other companies with values estimated at more than $1 billion were professional networking company LinkedIn Corp. ($1.3 billion) and Tesla Motors ($1.3 billion).
Read the story by clicking here.
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